AltoCFO franchise
2023 filing · April 14, 2023Shares sales figures
AltoCFO at a glance
A fractional CFO and accounting advisory firm serving business owners, executives and independent professionals. At the end of 2022 there were 1 AltoCFO locations in the US, all company-owned.
The business
- Industry
- Business services
- Franchisor
- CAG Franchise Service, LLC
- The company that sells the franchises
- Franchising since
- 2022
- Franchisor based in
- Anaheim, California
What you pay
- Cost to open
- $77K–$116K
- Fee, build-out and opening working capital
- Franchise fee
- $50,000
- Paid once, when you sign
- Royalty
- 10%
- 10% of gross revenue, paid weekly, plus currently 3% to the brand development fund
- Brand fund
- 3%
- 3% of gross revenue, paid weekly; it can rise to 5%
- Agreement length
- 5 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2020–2022
- States
- 1
- Most in California
From CAG Franchise Service, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
AltoCFO among all franchises with the same figure.
| Figure | AltoCFO | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $96,750 | Costs less than 88% of franchises |
| Franchise feePaid once, when you sign | $50,000 | Higher than 70% of franchises |
| RoyaltyShare of sales paid to the franchisor | 10% | Higher than 95% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a AltoCFO franchise costs
Opening one AltoCFO costs an estimated $77,050 to $116,450. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
Source: CAG Franchise Service, LLC, 2023 filing, page 15
AltoCFO franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: CAG Franchise Service, LLC, 2023 filing, page 8
Royalty and ongoing fees
| Royalty | 10% of gross revenue, paid weekly, plus currently 3% to the brand development fund. |
|---|---|
| Brand or marketing fund | 3% of gross revenue, paid weekly; it can rise to 5%. |
| Required Minimum Expenditure for Local Marketing and Advertising | $10,000 - $15,000 grand opening advertising. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: CAG Franchise Service, LLC, 2023 filing, page 8
Other fees as filed, from page 8. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures AltoCFO publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: CAG Franchise Service, LLC, 2023 filing, page 35
How AltoCFO compares
Of the 324 business services franchises on this site, AltoCFO is the 162nd cheapest to open and the 260th largest by number of locations.
| Figure | AltoCFO | Typical business services brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $77K | $77K | $222K |
| Cost to open, high end | $116K | $136K | $477K |
| Franchise fee | $50K | $45K | $40K |
| Royalty | 10% | 7% | 6% |
| Brand fund | 3% | 2% | 2% |
| US locations | 1 | 32 | 21 |
| Shares earnings figures | Yes | 187 of 324 | 2,147 of 3,352 |
Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 1 | 0 | 0 |
| 2022 | 0 (0) | 1 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: CAG Franchise Service, LLC, 2023 filing, page 38
Where AltoCFO locations are
At the end of 2022, AltoCFO had locations in 1 state. The most are in California.
- California1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| California | 0 | 1 | 1 |
Source: CAG Franchise Service, LLC, 2023 filing, page 39
Who owns AltoCFO?
AltoCFO franchises are sold by CAG Franchise Service, LLC.
From CAG Franchise Service, LLC’s 2023 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: CAG Franchise Service, LLC, 2023 filing, litigation on page 7, bankruptcy on page 7
AltoCFO filings
The figures on this page come from CAG Franchise Service, LLC’s 2023 filing, issued April 14, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | April 14, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
